The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling.
Hotel-deal booking specialists HotelPlanner and Reservations.com are close to signing a merger deal and go public via Astrea Acquisition Corp (NASDAQ: ASAX), a special purpose acquisition company, The Wall Street Journal
We started the week with risk-off sentiment and choppy markets. The choppiness could remain until the payrolls number comes out on Friday. But the mood seems to have shifted back toward risk, for now.
Shares of Hilton Worldwide Holdings (NYSE:HLT) decreased 0.2% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 191.80% over the past year to $0.56, which beat the estimate of $0.38.
Hilton Worldwide Holdings (NYSE:HLT) reported quarterly earnings of $0.56 per share which beat the analyst consensus estimate of $0.38 by 47.37 percent. This is a 191.8 percent increase over losses of $(0.61) per share